4 Melnick Place
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Coldwell Banker Realty | $340,000 | |
| Listed by Coldwell Banker Realty | |||
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Imagine a move in condition home in a great location convenient to all with lake rights for under $350,000- well imagine no more- make an appointment today to see this totally renovated home- all the work was done in 2020- Completely renovated- new roof, new siding, new floors, new kitchen- countertops, backsplash, SS appliances, new bath, new boiler, new water heater, central A/C, upgraded plumbing and electric- so just move in and enjoy! You will appreciate the great office space right off the kitchen- so much natural light! Adjacent to the living room you have a Zen/ Yoga alcove w/ a wall of closets and access to the basement with lots of storage & the laundry. This summer you will enjoy Lake Peekskill/ Singers Beach and entertaining on your front patio and this home is close to Peekskill- easy commute to NYC on Metro North or enjoy the beautiful Hudson riverfront park and the walking trails, great restaurants and hiking Bear Mt- truly a dream home!!
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| Feb 24, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Putnam
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,950 /mo
- 1 Bed
- 1 Bath
- 515 ft²
$4,000 /mo
- 2 Beds
- 2 Baths
- 1,800 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017